Member News

Vulcan Insight: Analysis of the Latest EU Developments

EU-UK Future Relationship: Council adopts negotiating directives
On Tuesday, the EU Council adopted a decision to authorise the commencement of negotiations on the future relationship with the UK. As has been repeatedly stated by the EU, the mandate stresses that the future partnership must be “underpinned by robust commitments to ensure a level playing field for open and fair competition”. This is especially important to the EU, given the geographical proximity and economic interdependence between the blocs. Keep reading

Europe reacts to the Coronavirus
According to Dr. Tedros Ghebreyesus, a “decisive point” has been reached, given the “pandemic potential” of the coronavirus outbreak. The head of the World Health Organisation (WHO) made the comments after Iran and Italy became the major centres of infection outside China. Currently more than 80,000 people in 50 countries have been infected with nearly 2,800 having died, mainly in China’s Hubei province. Keep reading

G20 Finance Ministers discuss Digital Taxation
G20 Finance Ministers and Central Bank Governors issued a communiqué following last weekend’s meeting in Riyadh, welcoming the recent progress made on addressing the tax challenges arising from the digitalization of the economy. The G20 reaffirmed its commitment to reaching a consensus-based approach. The leaders reiterated the importance of international cooperation to complete this work and ensure tax certainty. Keep reading
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